Electric Vehicles Aren’t Dead, but a Lot of EV Companies May Soon Be
January 2, 2024
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4:13Now PlayingElectric Vehicles Aren’t Dead, but a Lot of EV Companies May Soon Be
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as posted by the channelElectric vehicle manufacturers like Lucid, Lordstown Motors and Faraday Futures were some of the biggest winners of the stock boom just two years ago. Now all three companies’ shares — and those of many U.S -based electric vehicle companies — are on the verge of hitting zero.
Short sellers are targeting these companies aggressively. It looks like investors are making big bets that EVs are history, but that’s not really the case.
With the help of my colleague George Downs, I’ll show that it’s not electric vehicles that investors are betting against, it’s electric vehicle companies, which have largely struggled to navigate the challenges of manufacturing, supply chains and rising prices.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#EV #Lucid #DionRabouin
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